re: Official CryptoTalk Thread

quote:

---

idk it seems like it would fail hilariously

---

Oh yeah I’m not claiming they will be successful. I just think they might try at some point and that will still cause a huge sell off. Not worried about that anytime soon though

Debating orders at 49 or 47. Not sure yet.

Would one benefit from going back and reading this 1300 page behemoth, or is most of the info time sensitive and no longer useful?

If one were just trying to learn as much about crypto as they could.

quote:

---

Would one benefit from going back and reading this 1300 page behemoth, or is most of the info time sensitive and no longer useful?

---

Doubtful - probably half of this thread is from the 2017 bull run. So many has changed since then

So 13,600 btc and 412,300 eth have been removed from exchanges today and moved to cold wallets......72k here we come.

quote:

---

.72k here we come.

---

What's the significance of 72?

NTY.

I think the next potential steps down on BTC are $49,000 and $46,000 based on what little I know about resistance levels. If BTC breaches those, look out below.

Unless and until this changes, but that's my take on low end. For now.

So maybe it bounces to $72,000, and I think that is an upper resistance level, or maybe it breaches the lower levels, but these price points are when I'll pay very close attention.

option expiries, it could be just a coincidence though

Yes and no for me. I've been buying to close covered calls on the way down at a gain. I'll watch those two price points on the low end to see when to buy. If it bounces and goes up, I'll resell covered calls. I'm a long term holder of BTC now that I figured out how to insure my profit, but I'll buy more at select prices, and I like to trade around it. The figuring out at what price and when is the challenge.

My limited understanding of the supply / demand, and the usage of all the various technology involved leads me to beleive this is going up long them, and maybe up a lot.

I'll let everyone else freak out, I'm locked at a pretty large gain. I'm just using the volume and pricing to figure out how to trade around it. But long term, I'm bullish. Long term for me is long term. It's not 2022.

Someone downvoted me. I don't make the resistance lines, I'm just posting what I see. If it breaks the lower levels, no big deal, it's a buying opportunity at some point. What goes up and down on paper every day makes very little difference to me outside of trades and when to buy more. I'm in it to win it.

Is there a TD crypto discord server or anything?